100&Change: 2020

Global Innovation Lab for Climate Finance: Driving a Sustainable Economy

Rapidly scale a proven approach that already helped mobilize $1.9bn in sustainable investment to key economic sectors and regions needed to avert a climate catastrophe.

DOWNLOAD: Project Factsheet
Two-page overview of proposal
Competition Participation
100_change_logo.jpg
100&Change: 2020
Subject
Environment
Current Work Location
  • Rio de Janeiro, Brazil
  • England, United Kingdom
  • Nairobi, Kenya
  • California, United States
  • National Capital Territory of Delhi, India
Proposed Work Locations:
  • Jawa Timur, Indonesia
  • Kigali Province, Rwanda
  • Gauteng, South Africa
Priority Populations:
  • Children and youth
  • Adults
  • Economically disadvantaged people
Sustainable Development Goals (SDGs):
  • 7. Affordable and clean energy
  • 9. Industry, innovation and infrastructure
  • 12. Responsible consumption and production
  • 13. Climate action

Executive Summary:

One of this century’s biggest challenges is achieving economic growth that lifts people out of poverty while dramatically reducing environmental harm. To avert major and irreversible consequences of climate change - which disproportionally hurt the world’s poorest - we must reduce greenhouse gas emissions by 80% by 2050. Technologies, businesses, and development models already exist that can address this challenge but they require trillions of dollars to scale and achieve economy-wide transformation. Established in 2014, the Global Innovation Lab for Climate Finance (the Lab) is a network of some of the world’s largest investors that identifies, develops, and launches transformative and sustainable financial solutions and businesses. In five years, the Lab has launched 35 initiatives that have mobilized $1.9 billion in sustainable investment. We want to scale this proven approach to more regions and sectors to rapidly address one of the most pressing issues of our time.

Organization Details
Lead Organization

Climate Policy Initiative Inc.

website: https://climatepolicyinitiative.org/
Organization Headquarters
San Francisco County, California, United States
Organization ID
26-4129153
Annual Operating Budget
$10 to $49 Million
Number of Full-time Employees
50 to 99
Type
Non-profit

Charity, fund, non-governmental organization, religious institution, school, or other entity